gbp-and-eur-coins

The Pound Euro (GBP/EUR) exchange rate is extending gains for a third consecutive session. The pair trades +0.2% at €1.0891.

News that the British government has made some concessions on fisheries in Brexit trade talks could help break the months long impasse.

Attention will turn to inflation as measured by consumer prices. CPI is expected to rise 0.4% MoM in August and 1.3% YoY.

The Euro is showing resilience, supported by comments at the latest ECB meeting and by better than forecast German ZEW investor sentiment data.

There is no high impacting Eurozone data due today.

GBP Index Today - last 90 days